NSWIn ForceAct
Lord Howe Island Act 1953
34ALord Howe Island Mortgages Account
Start here
Get a plain-English read of 34A
Turn the raw legal text into a practical explanation grounded in Lord Howe Island Act 1953.
#### 34A Lord Howe Island Mortgages Account
34A Lord Howe Island Mortgages Account
> > (1) There shall be established and kept in the Treasury an account in special deposits account to be called the “Lord Howe Island Mortgages Account”.
> >
> > There shall be paid to the credit of the Lord Howe Island Mortgages Account—
> >
> > > (a) all moneys made available to the Board by the Treasurer for advances under section 12A,
> >
> > > (b) all moneys received by way of repayments of those advances and interest thereon.
>
> > (2) There shall be paid out of the Lord Howe Island Mortgages Account—
> >
> > > (a) all moneys advanced under section 12A,
> >
> > > (b) such moneys as are required by the Treasurer to be repaid to the Treasurer from time to time.
>
> **s 34A:** Ins 1967 No 66, sec 5 (d).